A Look at the Restaurant Industry Amid Historic Inflationary Pressure
The New Jersey Business & Industry Association (NJBIA) shared findings from Alignable’s Q2 rent report that showed rent delinquencies were notably higher for a number of industries, including small and mid-sized restaurants in the U.S.
The report found that 41% of the aforementioned restaurants were unable to pay their rent, up 8% from the previous month.
Of late, a number of reports and findings from the month of May have been released a month where things like skyrocketing gas prices and inflation began to take their toll on consumers and businesses...
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